A company still losing money, with high risk. Insiders and institutions are both adding.
Going well
No debt reported
Watch out for
About 11 months of cash left at its current burn
Share count growing 46.2% a year (dilution)
Losing money, losses are large next to sales
Money moves
An insider bought $78K of shares with their own money in the last 30 days
Institutions added 40% to their holdings in the quarter ending June 2026 (16 bought, 7 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$2.88-0.3% that day
Latest insider buy: A 10% owner bought at $1.78 on Oct 7. The stock is now $2.88, +61.8% since.
Company value
$124M
Share price times all shares
Cash vs value
10%
Cash as a share of company value
From SKYA's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Profit, Jun '26 (worked out from yearly totals)
-$23.3M
Sep '23Tap a barJun '26
Last 12 months: -$397.5M.
What the price assumes
Your guesses, our math
Move the sliders to your own view of SKYA. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$0M
Profit in 5 years$0M
Price these guesses point to$0.01-100% vs $2.88 todayAbout -71% a year, before dividends
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/5Weak
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.Losses many times its sales
MissProfitable every yearSteady profits, not one good year.0 of 5 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$11.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+212.4% in 3 years
Revenue
$204K
Total debt
None
0.00x equity
Free cash flow
-$11.0M
-5384.4% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: return on equity 15%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
EPS
-$0.32
vs $3.58
Free cash flow
-$3.0M
Share count
+7144.0%
vs a year ago
Some values are worked out from year-to-date totals in the annual report.
Insider rating
Last 90 days
59Mixed
1 insider bought $78K
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
1.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+40.1%
Institutions added 40.1% to their holdings. 16 bought, 7 sold. 5 quarters of net buying in a row.
Shares held by institutions14.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+857.3%
Cash runwayAt last year's cash burn
13 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
43M
Why elevated risk
Losing money, losses are large next to sales
About 13 months of cash left at its current burn
Share count growing 857.3% a year (dilution)
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days